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Flowserve Corporation ( FLS) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day down 0.8%. By the end of trading, Flowserve Corporation fell $0.86 (-1.1%) to $78.63 on light volume. Throughout the day, 934,713 shares of Flowserve Corporation exchanged hands as compared to its average daily volume of 1,258,100 shares. The stock ranged in price between $78.14-$79.90 after having opened the day at $79.53 as compared to the previous trading day's close of $79.49. Other companies within the Industrial Goods sector that declined today were: Intellicheck Mobilisa ( IDN), down 8.6%, Dixie Group ( DXYN), down 8.6%, Adept Technology ( ADEP), down 8.5% and Broadwind Energy ( BWEN), down 8.2%.

Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment. Flowserve Corporation has a market cap of $10.8 billion and is part of the industrial industry. Shares are up 0.8% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate Flowserve Corporation a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates Flowserve Corporation as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the positive front, Ideal Power ( IPWR), up 7.6%, Astrotech Corporation ( ASTC), up 5.5%, MagneGas Corporation ( MNGA), up 4.8% and Installed Building Products ( IBP), up 4.2% , were all gainers within the industrial goods sector with NVR ( NVR) being today's featured industrial goods sector leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the industrial goods sector could consider Industrial Select Sector SPDR ( XLI) while those bearish on the industrial goods sector could consider ProShares Short Dow 30 ( DOG).

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